5 stories mentioning BMI
Every FINWIRES story that references BMI, newest first.
Badger Meter (BMI) said Friday that it has completed its previously announced acquisition of UDlive, a UK-based provider of sewer line monitoring solutions.UDlive will be integrated into the BlueEdge suite of water management solutions alongside SmartCover, Badger Meter added.Price: $121.23, Change: $+0.32, Percent Change: +0.26%
Kenneth Bockhorst, Director, Chairman, President & CEO, on April 21, 2026, executed a purchase for 2,200 shares in Badger Meter (BMI) for $258,573. Following the Form 4 filing with the SEC, Bockhorst has control over a total of 51,676 common shares of the company, with 51,676 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/9092/000119312526166603/xslF345X05/ownership.xmlPrice: $119.35, Change: $+5.94, Percent Change: +5.23%
Badger Meter (BMI) posted an "underwhelming" Q1 operating miss amid unfavorable project timing and a slower book-and-ship business, RBC Capital Markets said in a note emailed Monday.RBC noted that revenue dropped 9% year on year, which missed consensus estimates for 3% growth, while management decreased full-year organic outlook from below its long-term high single digit percent target to flat year on year, and Q2 is seen declining.The phasing out of four large Advanced Metering Infrastructure, or AMI, deployments coincided with a backlog of nine projects that will not ship until the second half, which created a "revenue air pocket" in the first half that is masking long-term strength, the note said.The investment firm said, however, that "seven of [the] nine large projects in backlog represent share gains, with customers moving from competitor products to Badger's cellular AMI."RBC lowered its 2026 EPS estimate by $0.45 to $4.65. It kept its outperform rating on Badger Meter but cut the company's price target to $169 from $197.Price: $116.51, Change: $+0.97, Percent Change: +0.84%
(Updates with recent stock movement in the headline and the first paragraph.)Badger Meter (BMI) shares plunged more than 23% in afternoon trading on Friday after the company's Q1 earnings and revenue fell short of analysts' consensus.The company reported Q1 earnings Friday of $0.93 per diluted share, down from $1.30 a year earlier.Analysts surveyed by FactSet expected $1.22.Revenue for the quarter ended March 31 was $202.3 million, down from $222.2 million a year earlier.Analysts polled by FactSet expected $229.6 million.The company said it has agreed to acquire UK-based UDlive for $100 million plus contingent payments, boosting its sewer monitoring business. The acquisition, expected to close by the end of April 2026, will be funded with cash on hand.Price: $116.69, Change: $-35.60, Percent Change: -23.38%
Enveric Biosciences (ENVB) said late Thursday it has struck deals to sell securities to raise $5 million upfront with up to about $8.9 million of potential proceeds upon the exercise of warrants.Shares sank 23% following an increase in intraday trading volume to over 881,000 from a daily average of about 542,000.Netflix (NFLX) shares slid 9.5% after the company released Q2 guidance late Thursday below market consensus. The streaming company said its chairman and co-founder, Reed Hastings, plans to step down when his term ends in June.Shares declined 9.8% as intraday trading volume surged to over 83.6 million from a daily average of about 48.4 million.Badger Meter (BMI) reported a steeper-than-expected drop in Q1 earnings while revenue unexpectedly fell on Friday.Shares slumped 22% as intraday trading volume climbed to more than 1.88 million from a daily average of about 415,000.Price: $1.80, Change: $-0.55, Percent Change: -23.28%